Stock Markets June 1, 2026 04:44 PM

Novartis' Experimental Actinium Radiopharmaceutical Produces Early PSA Reductions in Prostate Cancer Trial

Phase data show anti-tumour activity across patient groups but side-effect management and isotope supply remain key uncertainties

By Marcus Reed

Novartis reported early findings from a 101-patient study of an experimental actinium-225 radioligand therapy showing prostate-specific antigen (PSA) declines in multiple patient cohorts, including those previously treated with Pluvicto. While response rates were notable, analysts and company executives emphasized the importance of managing side effects and addressing isotope supply as the drug advances into larger, later-stage trials.

Novartis' Experimental Actinium Radiopharmaceutical Produces Early PSA Reductions in Prostate Cancer Trial

Key Points

  • Early trial data from a 101-patient study show the actinium-225 radiopharmaceutical produced PSA reductions of at least 50% in multiple cohorts, including 52.5% of patients previously treated with Pluvicto.
  • Response rates were higher in patients without prior Pluvicto exposure - over 85% in the untreated cohort and 58.8% in patients who had chemotherapy first - indicating differentiated outcomes by prior therapy.
  • Novartis is increasing its focus on radioligand therapies, allocating nearly 40% of its cancer R&D to the area and advancing two late-stage studies, while also securing long-term actinium supply through a February agreement with Niowave.

Novartis disclosed early clinical data indicating its investigational actinium-225 radiopharmaceutical produced measurable anti-tumour activity in prostate cancer patients, including individuals who had previously received Pluvicto. The interim results come from a 101-patient trial presented at the American Society of Clinical Oncology meeting in Chicago.

Among patients in the study who had been treated earlier with Pluvicto, 52.5% experienced a decline in prostate-specific antigen - or PSA - levels of at least 50% while on the actinium-based therapy. Elevated PSA is commonly used as a marker for prostate cancer activity.

Response rates were higher in cohorts without prior Pluvicto exposure. More than 85% of patients with no prior treatment registered PSA reductions of at least half, and 58.8% of patients who had received chemotherapy first saw PSA levels decline by 50% or more, according to the data presented.

Industry analysts at TD Cowen characterized the preliminary efficacy signal as clear, but they urged caution because the therapy has been associated with substantial side effects. The analysts highlighted high rates of dry mouth and cases of severe anemia as adverse events that will need careful management as development proceeds.

Novartis Chief Medical Officer Shreeram Aradhye noted that larger clinical trials will be required to more fully determine the severity and reversibility of the adverse effects observed, particularly if the radiopharmaceutical is used earlier in treatment sequences where tolerability expectations differ.

The Swiss drugmaker has been expanding its investment in radioligand therapies - agents that couple a radioactive isotope to a molecule designed to target cancer cells directly - and is advancing two late-stage studies of the experimental actinium compound. Aradhye said that radioligand therapies now account for nearly 40% of Novartis' cancer R&D investments.

Novartis already markets the approved radiopharmaceuticals Pluvicto and Lutathera, which together generated $2.8 billion in revenue last year. The experimental molecule differs from Pluvicto in its radioactive payload: Pluvicto employs lutetium-177, a beta-emitting isotope, while the investigational therapy uses actinium-225, an alpha emitter. On the difference between the isotopes, Aradhye said: "The difference is that much higher amounts of energy (are) delivered across a much smaller distance, and the potential for greater efficacy."

Some analysts have warned that current global supply of actinium-225 may be insufficient to meet rising clinical demand, though the article's sources noted that new production efforts could ease such constraints. Novartis has said it is planning around future isotope needs and, in February, entered into a long-term supply agreement for actinium with U.S.-based medical isotope producer Niowave.

As Novartis moves the actinium program forward into late-stage testing, the combination of encouraging early efficacy signals and notable safety and supply considerations will shape how regulators, clinicians and investors evaluate the therapy's potential role in prostate cancer treatment.

Risks

  • Safety concerns - High rates of dry mouth and instances of severe anemia were reported; larger trials are needed to assess the severity and reversibility of these side effects, which could affect clinical adoption and regulatory approval - impacts healthcare providers and pharmaceutical market valuations.
  • Isotope supply constraints - Current actinium-225 supply may be inadequate for expanding clinical demand, potentially limiting manufacturing scale-up and commercial rollout unless production increases - impacts medical isotope producers and radiopharma supply chains.
  • Uncertainty pending larger trials - Early efficacy signals require confirmation in larger, later-stage studies to determine long-term benefit-risk profiles; results could materially change the drug's development trajectory - impacts investors and R&D resource allocation in oncology.

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